Author: News Room

Summary Battery swapping in China is becoming increasingly popular, offering a faster alternative to recharging for electric vehicles Brands like Nio and its new brand Onvo are introducing vehicles with swappable batteries The process of battery swapping is efficient and can be completed in as little as 144 seconds at…

Summary Big macroeconomic changes are often unpredictable EVs are becoming more competitive, potentially leading to financial crises for unprepared automakers Trump’s actions during a potential automaker crisis are uncertain There is a risk of tariffs affecting the auto industry The global auto industry is facing a precarious situation Article The…

Summary Ford and SK On will receive a $9.63 billion government loan for their BlueOval SK battery joint venture The loan amount was originally $9.2 billion, but has been increased The loan will help finance construction of battery plants in Kentucky and Tennessee The joint venture aims to produce 60…

Summary Wevo-Chemie is adding a new silicone gap filler to their line of thermal interface materials The WEVOSIL 26040 FL has high thermal conductivity for efficient heat dissipation The material is resistant to sedimentation and can be stored, used, and transported over long distances without rehomogenizing The filler combination allows…

Summary General Motors acquired and later suspended its Cruise robotaxi division, raising questions about the future role of car companies GM chose to transfer resources from robotaxi development to passenger cars, a divisive decision in the industry GM’s shift away from robotaxis may limit future growth opportunities in emerging markets…

Summary BYD has entered the Peru market with 5 new energy vehicle models The company partnered with local dealer Motorsya to open 6-7 stores in the country Peru is being considered for a BYD auto factory, with potential incentives BYD Yuan PLUS was the official vehicle of the APEC CEO…

Summary Audi Q8 E-Tron production will end on Feb. 28 Uncertain if 2025 Q8 E-Trons will make it to the U.S. Audi’s EV lineup will continue with the Q4 E-Tron, Q6 E-Tron, A6 E-Tron, and E-Tron GT Audi Q8 E-Tron was an updated version of the original E-Tron Audi has…

Summary ROHM has partnered with TSMC to develop and produce gallium nitride (GaN) power devices for electric vehicles (EVs) The partnership integrates ROHM’s device development technology with TSMC’s GaN-on-silicon process technology GaN power devices are currently used in various applications, including consumer and industrial devices like AC adapters and server…

Summary Wedbush analyst Dan Ives increased Tesla’s price target to $515 for the second time since Trump’s election The company’s stock surge has exceeded $400, prompting the price target increase Ives believes Trump’s presidency will be favorable for Tesla’s autonomous and AI initiatives The firm also set a $650 bull…

Summary The Mercedes EQXX was designed almost three years ago and aimed to have a range of 747 miles on a single charge Mercedes engineers plan to bring the technology from the EQXX into their new CLA-Class EV The new CLA-Class will feature a similar motor to the EQXX, but…